News and Views
Hobart Rents Spike, Rest of Tasmania Pretty Flat
The September 2017 edition of Tasmanian Rents is out and here’s what it shows:
- Southern Tasmanian rents rose by 7.1% for 2 bedroom properties and 9.4% for 3 bedroom properties in the last year.
- The rents in Greater Hobart rose even faster, with the most extreme example being Hobart City 3 bedroom properties rising by 10% in the last quarter and 23% in the last year (up from $403 to $495).
- In the rest of Tasmania there was no general increase in the quarter overall, and only modest increases for the year.
For more details check out the latest Tasmanian Rents which can be found in our Publications section.